Thaicom's capex to reach THB 5 bln in 2015

Wednesday 22 July 2015 | 13:45 CET | News
Thai satellite operator Thaicom has set its capex for 2015 to THB 5 billion, of which THB 3 billion will go to the development of the Thaicom 8 broadcasting satellite, local newspaper The Nation reports. The remaining THB 2 billion will be used by Thaicom's subsidiary Shenington Investments to pay for a 25-year extension of the telecom concession of Lao Telecommunications, which was originally due to expire in 2021, said Thaicom CEO Suphajee Suthumpun.

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Categories: Broadcast & Satellite
Companies: Lao Telecommunications / Thaicom
Countries: Lao People's Democratic Republic / Thailand
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